Cloud Capital Funding funded a $1,500,000 accounts receivable factoring facility to a Woman Owned Business Enterprise (WBE) Supplier to the Defense Department based in Virginia. This WBE company specializes in supplying medical kits for our men and women in uniform.
The funding from Cloud Capital Funding will play a pivotal role in allowing their cash flow to keep up with the company’s strategic growth initiatives. The capital infusion has already resulted in the client’s ability to grow their deliverables exponentially.